Financial Services & NBFC Back-Office
The reconciliation is heroic, manual and late. The bank statement is matched to the loan ledger by a person staying back at night; the exchange settlement and margin files are tied to the client ledger every evening under deadline; breaks are found by accident or by the auditor; settlement short-pays, repayment mismatches and inter-branch differences slip through because nobody has time to tie every line. And the numbers that feed the regulatory return do not tie to the book.
Who has it
NBFCs for the bank-to-loan-ledger and repayment match; co-operative and small-finance banks for the CBS-to-statement tie-up; broking back-offices for settlement, margin and client-ledger against exchange and depository files. It is the single biggest, fastest win in the industry, and a safe first step because it is read-only and touches no regulated decision.
What we build
Automatic matching of two sources that are supposed to agree, returning a clean break list, each break traced to its account and its source line: bank statement vs loan ledger, repayment file vs schedule, CBS vs bank and clearing, exchange and depository settlement vs client ledger, margin file vs obligations. It runs nightly or on demand, surfaces only the breaks, and produces the reconciled set of numbers the regulatory return is then assembled from, while the matching stays read-only and a named person owns every break that touches a customer account.
What is automated, where AI helps, who signs off
The reliable spine
The non-AI spine is the matching engine: two sources that should agree are tied line by line in code, each break traced to its account and source line, and only the breaks are surfaced, so the heavy lifting is deterministic arithmetic, not judgement.
Where AI helps
AI helps only at the edges, suggesting a likely match for a fuzzy or mis-keyed line so the break list is shorter; every match and every break touching a customer account is reviewed and owned by a named person.
Who signs off
A named person signs off anything touching money, a customer promise, a regulated filing, a payment, a price, a credit decision or a people decision.
What changes day to day
Nightly or on-demand reconciliation instead of an all-night scramble; breaks surface in minutes, traced to their source; the ageing book and the return finally tie; the team stops firefighting every evening.
Illustrative outcome
Nightly reconciliation effort cut substantially, with the return numbers tying to the book and the exceptions cleared by morning.
Illustrative; final numbers come from your own data.
Path to the build
Book a free 60-minute call, then a free Blueprint on the firm's own records. Deep-dive and build, followed by run and govern so the workflow keeps paying back.
Related builds
A free 60-minute call. No cost, no obligation, just a clear read on what is worth building.